americans are destroying america

Senator John McClellan (D-Arkansas) had the following conference address entered in the Congressional Record on April 22, 1968, giving it an introduction on the Senate floor: "Mr. Benson's speech . . . should be read by every American citizen, and I hope the central truth it conveys that Americans, by their lack of self-discipline, by their apathy and indifference, and by their lack of will and resolve, can succeed in destroying America."
(See Congressional Record, April 22, 1968)

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In fact, that is my fear the liberals will again take control as they did in the 1960s.

The liberals fashioned the greatest domestic spending program ever with their War on Poverty and War on Hunger. Regardless of the good intentions the short term result was a lack of money in the Federal Reserve Banks where banks get their money. It reached a peak in 1968 when many banks had little to no money to lend because they couldn't get it. The government had used all of the available money.

We went out of business in 1969 for a lack of credit money. There were over 150 farms and some related businesses that either went bankrupt or closed their business in Beaufort and Charleston Counties, which used to be a major truck farm area. Now there are only a few corporate farms in the area.

And those two programs has created a whole class of people that are dependent on the government to live. And they don't have to work for it. Tell me why they deserve more from us who are working to support them.

The long term effect of that financial debacle was that many corporations moved their headquarters to foreign nations. They were experiencing corporate taxes that were punitive. And we wonder why many companies went overseas?

There were also many wealthy people who moved away for the US because of punitive income taxes. They can afford to live anywhere, so why should they stay here?

Obama is promising more of the same with windfall profit taxes and increasing taxes on corporations. Folks, we been here before. If he gets his way, we will see more companies leaving the US and wealthy people moving. Kill the Golden Goose? Darned right, since they already pay most of the taxes. If they leave, who will Obama tax then?

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